French Labor Minister Jean-Pierre Farandou stated that the rise in the unemployment rate was due to the war in the Middle East and heatwaves that hit the country. The French minister said in an interview with the newspaper 'Journal du Dimanche' that the main factor behind these figures is limited economic growth due to the war in Iran and the closure of the Strait of Hormuz, which led to rising gas and fuel prices. He added, 'Moreover, there are heatwaves and massive wildfires, which do not help in economic recovery.' The French statistics agency announced that the unemployment rate reached 8.3%, the highest level in nearly six years, after being 8.1% during the previous period. Data from the International Labour Organization indicates an increase in the number of unemployed...
Algeria - On Monday, the Minister of Transportation, Saïd Sayoud, held talks in Algiers with the Deputy Prime Minister and Minister of Industry of the Czech Republic, Karel Havlíček, discussing ways to enhance bilateral cooperation between the two countries in the fields of transportation, according to a statement from the ministry.
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The Nigerian Minister of State for Petroleum Resources in charge of gas, Ikebekpe Ikpo, highlighted today from Moscow the developmental and economic dimensions of the Trans-Saharan gas pipeline that connects Nigeria to Algeria via Niger, especially for the Sahel countries, noting that the project is a priority, as Nigeria will extend a pipeline from the south of the country to the north to realize this continental energy facility.
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